Bluebirds chairman Mehmet Dalman says the club is "very concerned" about the Argentine striker, who completed a £15million move from Nantes on Saturday.
The club are awaiting confirmation about the 28-year-old who was onboard the aircraft that went missing last night over the Channel Islands.
Dalman says Cardiff are "very concerned for the safety of Emiliano Sala" who had expressed excitement over joining up with Neil Warnock's squad.
Sala told the club's official website on Saturday: "I’m very happy to be here. It gives me great pleasure and I can’t wait to start training, meet my new teammates and get down to work.
"For me it feels special [to be the club’s record signing]. I have come here wanting to work and to help my teammates and the club.
"I can’t wait to get to work straight away and do everything I can."
Worried Bluebirds chairman Dalman released a statement this morning about the incident.
He said: "We are very concerned by the latest news that a light aircraft lost contact over the Channel last night.
"We are awaiting confirmation before we can say anything further.
"We are very concerned for the safety of Emiliano Sala."
Sala was onboard the Piper Malibu plane with one other person when it lost contact at 8.30pm near the Casquets lighthouse, off Alderney.
Air Traffic Control confirmed the plane was travelling from Nantes in Western France to Cardiff when it vanished.
It followed severe weather warnings about snow and ice issued across France.
Yesterday lunchtime he shared a picture with other players at the Ligue 1's team training ground.
The caption read: "The last goodbye".
A coastguard rescue helicopter and crews from Alderney and Guernsey RNLI have joined the search in the area around the lighthouse.
HM Coastguard said the disappearance was not in the UK search and rescue area but it had sent two helicopters to help.
"HM Coastguard are currently assisting Guernsey Coastguard with a search for a light aircraft off Alderney in the Channel Islands," a spokeswoman said.
"HM Coastguard helicopters from Solent and Newquay have been helping to search overnight with nothing found."
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